CAIRO — Wearing a white T-shirt and flashing a smile, Hosni Mubarak was transferred from prison Thursday to a Nile-side military hospital where he will be under house arrest, a reversal of fortune for the former president who was ousted by a popular uprising and is on trial for complicity […]Read more ›
Post Tagged with: "North Africa"
MARKETS – The price of oil fell below $107 a barrel Monday as traders pondered the effects of the Egyptian crisis on transport costs and whether the U.S. Federal Reserve will start to reduce its monetary stimulus next month. By early afternoon in Europe, benchmark oil for September delivery was […]Read more ›
The price of oil slipped below $107 per barrel as the oil market shrugged off continuing violence in Egypt. U.S. benchmark crude fell 58 cents to $106.75 in afternoon trading, putting it on track to finish the week roughly flat. Brent crude, which is used to price imported crude used […]Read more ›
CAIRO — Egyptian authorities are considering disbanding the Muslim Brotherhood group, a government spokesman said Saturday, once again outlawing a group that held the pinnacle of government power just more than a month earlier. The announcement comes after security forces broke up two sit-in protests this week by those calling […]Read more ›
CAIRO — Tens of thousands of supporters of Egypt’s ousted president marched Friday on the streets of Cairo and across the country, leading to clashes with opponents and security forces that injured dozens. The marches during the Muslim holiday of Eid el-Fitr, marking the end of Ramadan, come as Egypt’s […]Read more ›